NOT LISTED FOR SALE

4818 Maple Grove Rd Hermantown, MN 55811

Estimated Value: $314,000 - $384,000

30 Acres
$11,578 Price per Acre
1,306,800 Sq Ft Lot

Last Sold January 03, 2018

Last sale price $800,000 $1,042 Per Sq Ft

Current estimated payment $2,274/month

Highlights

  • Barn
  • 30 Acre Lot
  • Landscaped with Trees
  • Hermantown Elementary School Rated A-
  • Views
  • Elevated Lot

About This Lot

As of January 2018

Hermantown land for Sale! 30 Acres with 2 parcels: 20 Acres (660 x 1320) plus 10 Acres (330 x 320) sold together. This is a rare opportunity to own 30 Acres of prime high land in Hermantown between Maple Grove Rd and Stebner Rd. Zoned Hermantown Marketplace Development Mixed Use. This parcel can be Commercial, Multi Family, Residential up to 30 units per acre. This is the last remaining parcel from the original Stebner Homestead in Hermantown, directly across from Edgewood Vista, near Sam's Club, and adjoins the Stebner Soccer fields and trails. High land, high visibility, great accessibility, high traffic count. Upgraded utilities (water, sewer & electric) on Maple Grove Rd.

Last Listed By

Mary Beth Nevers

Messina & Associates Real Estate Listed on: 11/08/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,877

Year Built

  • 1964

Lot Details

  • 30 Acre Lot
  • Elevated Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • Driveway

Additional Features

  • Barn
  • Underground Utilities
  • Property Views

Community Details

Overview

  • Hermantown Marketplace Zoning Subdivision

Recreation

  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,877

Year Built

1964

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Comp Dev Subdiv Name: Hermantown Marketplace Zoning
  • Directions: Hwy 53 North, West on Maple Grove Rd, Land is between Haines and Stebner
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 26666.67
  • Property Sub-Type: Mixed Use
  • Tax Year: 2015
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1964

Exterior Features

  • Out Buildings: Barn, Storage Shed
  • Road Frontage: Curbs/Gutters, Paved, Storm Sewer

Garage/Parking

  • Parking Driveway: Driveway - Asphalt

Utilities

  • Available Utilities: City Water, City Sewer, Electric, Natural Gas
  • On Site Utilities: City Sewer, Natural Gas, Underground Utilities

Schools

  • School District: Hermantown #700
  • Junior High Dist: Hermantown #700

Lot Info

  • Geo Update Timestamp: 2018-01-03
  • Estimated Lot Dimensions: 660x1320 + 330x1320
  • Estimated Number of Acres: 30
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High, Level, Rolling

Tax Info

  • Tax Amount: 1877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Rbi Group Llc
Bought by
Stebner Park Llc
Current Estimated Value
$347,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$893,810
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$546,477

Purchase Details

Closed on
May 10, 2021
Sold by
Martin Colleen Kaye and The Virginia L Stebner Revocab
Bought by
Rbi Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2021
Sold by
Martin Colleen Kaye and The Virginia L Stebner Revocab
Bought by
Rbi Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 1996
Sold by
Stebner Virginia L
Bought by
Stebner Virginia L and Stebner Revocable T Virginia L

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stebner Park Llc $500 First American Title
Rbi Group Llc $800,000 First American Title Ins Co
Rbi Group Llc $800,000 First American Title Ins Co
Stebner Virginia L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stebner Park Llc $900,000
Previous Owner Rbi Group Llc $850,000
Previous Owner Rbi Group Llc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2018 01/03/18 Sold $800,000 0.0% $1,042 / Sq Ft
11/08/2017 11/08/17 For Sale $800,000 -- $1,042 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,072 $282,400 $279,600 $2,800
2022 $3,804 $282,400 $279,600 $2,800
2021 $4,266 $282,400 $279,600 $2,800
2020 $2,848 $282,400 $279,600 $2,800
2019 $2,350 $183,900 $96,900 $87,000
2018 $2,088 $173,800 $86,800 $87,000
2017 $1,930 $158,200 $78,100 $80,100
2016 $1,798 $150,300 $74,000 $76,300
2015 $1,754 $130,700 $76,400 $54,300
2014 $1,754 $121,000 $70,300 $50,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6032260

APN: 395001006610